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Operational Resilience Self-Assessment: Achieving the March 2022 Deadline

Castellan

In March 2021, The Bank of England, the Prudential Regulation Authority (PRA), and the Financial Conduct Authority (FCA) published policy documents about operational resilience. This was explained in May by Lyndon Nelson Deputy CEO of the Prudential Regulation Authority. DOWNLOAD NOW. What information needs to be gathered?

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The Digital Operational Resilience Act is Finalized – Now is the Time to Act

Fusion Risk Management

It also expands the scope of a regulator’s reach to those critical technology and data service providers that compose the digital footprint by which the important business services stand. The DORA definition of a technology and data service provider does not make a distinction between a cloud-based and non-cloud-based provider.

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Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

While the methodology or framework for resilience may differ, the expectations are clear: businesses must adapt to the changing environment, mitigate potential impact, and continue to deliver important services to customers. One legislation addressing these risks is the landmark Digital Operational Resilience Act (DORA).